1. Includes finance company subsidiaries of bank holding companies but not of retailers and banks. 2. Owned receivables are those carried on the balance sheet of the institution. Managed receivables are outstanding balances of pools upon which securities have been issued; these balances are no longer carried on the balance sheets of the loan originator. Data are shown before deductions for unearned income and losses. Components may not add to totals because of rounding. 3. Data are from the subsidiaries of the three major U.S. automobile manufacturers and are volume-weighted averages covering all loans of each type purchased during the month.

OWNED AND MANAGED RECEIVABLES 2

1998

1999

1994

1995

1996

1997

1998

Q2

Q2

Q4

Q1

Q2

May

Jun

Jul p

Not Seasonally Adjusted

Outstandings (billions of dollars)

Total

613.5

689.5

769.7

818.1

884.0

836.0

849.0

884.0

911.9

942.9

931.6

942.9

948.8

Consumer

248.0

285.8

310.6

330.9

356.1

335.4

344.0

356.1

359.7

374.6

368.3

374.6

378.1

Motor vehicle loans

70.2

81.1

86.7

87.0

103.1

89.9

96.2

103.1

104.7

108.6

105.1

108.6

108.5

Motor vehicle leases

67.5

80.8

92.5

96.8

93.3

97.0

94.9

93.3

93.9

95.6

95.3

95.6

97.0

Revolving 4

25.9

28.5

32.5

38.6

32.3

29.9

28.4

32.3

31.2

32.4

31.3

32.4

32.8

Other 5

38.4

42.6

33.2

34.4

33.1

34.4

34.6

33.1

32.0

32.6

32.0

32.6

32.0

Securitized Assets 6

Motor vehicle loans

32.8

34.8

36.8

44.3

54.8

49.3

51.8

54.8

59.0

65.3

65.8

65.3

68.3

Motor vehicle leases

2.2

3.5

8.7

10.8

12.7

10.9

14.2

12.7

12.0

11.3

11.6

11.3

11.1

Revolving

n.a.

n.a.

0.0

0.0

8.7

5.3

5.3

8.7

9.1

9.7

8.7

9.7

9.7

Other

11.2

14.7

20.1

19.0

18.1

18.6

18.8

18.1

17.8

19.0

18.3

19.0

18.6

Real estate

66.9

72.4

111.9

121.1

131.4

120.9

128.8

131.4

137.5

141.2

142.8

141.2

144.2

One- to four-family

n.a.

n.a.

52.1

59.0

75.7

62.3

68.4

75.7

77.7

80.5

83.6

80.5

83.6

Other

n.a.

n.a.

30.5

28.9

26.6

27.5

30.1

26.6

31.6

33.0

31.5

33.0

33.1

Securitized real estate assets 6

One- to four-family

n.a.

n.a.

28.9

33.0

29.0

30.9

30.2

29.0

28.0

27.5

27.4

27.5

27.2

Other

n.a.

n.a.

0.4

0.2

0.1

0.1

0.1

0.1

0.3

0.2

0.3

0.2

0.2

Business

298.6

331.2

347.2

366.1

396.5

379.7

376.2

396.5

414.8

427.1

420.5

427.1

426.6

Motor vehicles

62.0

66.5

67.1

63.5

79.6

68.4

65.5

79.6

84.8

82.8

84.4

82.8

78.8

Retail loans

18.5

21.8

25.1

25.6

28.1

29.2

30.0

28.1

30.0

30.9

31.6

30.9

31.7

Wholesale loans

35.2

36.6

33.0

27.7

32.8

28.2

24.2

32.8

36.0

32.7

33.8

32.7

27.9

Leases

8.3

8.0

9.0

10.2

18.7

11.0

11.3

18.7

18.8

19.2

19.0

19.2

19.3

Equipment

166.7

188.0

194.8

203.9

198.0

212.8

210.8

198.0

202.3

208.3

203.8

208.3

208.4

Loans

48.9

58.5

59.9

51.5

50.4

52.7

47.9

50.4

51.6

53.3

51.7

53.3

52.9

Leases

117.8

129.4

134.9

152.3

147.6

160.2

162.9

147.6

150.7

155.1

152.1

155.1

155.5

Other business receivables 8

46.2

47.2

47.6

51.1

69.9

53.7

58.9

69.9

75.7

82.6

78.9

82.6

89.2

Securitized Assets 6

Motor vehicles

14.3

20.6

24.0

33.0

29.2

29.1

24.5

29.2

31.0

32.1

32.0

32.1

28.4

Retail loans

1.5

1.8

2.7

2.4

2.6

2.3

2.0

2.6

2.4

2.9

2.2

2.9

2.8

Wholesale loans

12.9

18.8

21.3

30.5

24.7

26.7

22.5

24.7

26.6

27.2

27.8

27.2

23.5

Leases

n.a.

n.a.

0.0

0.0

1.9

0.0

0.0

1.9

1.9

2.0

1.9

2.0

2.0

Equipment

8.9

8.2

11.3

10.7

13.0

10.5

11.3

13.0

12.8

13.3

13.2

13.3

13.8

Loans

4.7

5.3

4.7

4.2

6.6

4.1

4.9

6.6

6.1

6.7

6.5

6.7

7.1

Leases

4.2

2.8

6.6

6.5

6.4

6.4

6.4

6.4

6.7

6.6

6.6

6.6

6.7

Other business receivables 8

0.5

0.8

2.4

4.0

6.8

5.3

5.3

6.8

8.2

8.0

8.3

8.0

7.9

4. Excludes revolving credit reported as held by depository institutions that are subsidiaries of finance companies. 5. Includes personal cash loans, mobile home loans, and loans to purchase other types of consumer goods such as appliances, apparel, boats, and recreation vehicles. 6. Outstanding balances of pools upon which securities have been issued; these balances are no longer carried on the balance sheets of the loan originator. 7. Credit arising from transactions between manufacturers and dealers, that is, floor plan financing. 8. Includes loans on commercial accounts receivable, factored commercial accounts, and receivable dealer capital; small loans used primarily for business or farm purposes; and wholesale and lease paper for mobile homes, recreation vehicles, and travel trailers.